June data signalled a broad stagnation of the Nigerian private sector as subdued demand and intense price pressures led to slowdowns in growth of output and new orders. In turn,…
Nigeria’s private sector showed signs of improvement in May, according to the latest Stanbic IBTC Purchasing Managers’ Index™ (PMI®) data. Readings above 50.0 signal an improvement in business conditions on…
In March, the Nigerian private sector witnessed significant challenges due to currency weakness, leading to a surge in purchase costs and subsequent unprecedented hikes in selling prices. This scenario was…